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1. Consider the income distributions of Canada, Morocco and Zambia based on the World Bank data. Indicator Name Income share held by lowest 10% Income

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1. Consider the income distributions of Canada, Morocco and Zambia based on the World Bank data. Indicator Name Income share held by lowest 10% Income share held by lowest 20% Income share held by second 20% Income share held by third 20% Income share held by fourth 20% Income share held by highest 20% Income share held by highest 10% Canada Morocco Zambia 2.63 2.66 1.32 7.20 6.52 3.63 12.73 10.45 7.76 17.18 14.54 12.81 22.95 20.61 20.62 39.94 47.88 55.18 24.79 38.9 33.22 (a) Plot Lorenz curves for the income distribution of the three countries on the same sheet. Compare the income inequality in these countries. (b) Compute the Gini coefficient for each country. What do these coefficients tell about the income distribution in these countries

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